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HomeMy WebLinkAbout2014-00486 - escrow fee V ti CITY OF ORONO * Z 0 1 4 - 0 0 4 8 6 * 2750 KELLEY PARKWAY DATE ISSUED: 05/21/2014 ORONO,MN 55356- 952 249-4600 FAX: (952 249-4616 ADDRESS : 3135 NORTH SHORE DR PIN : 09-117-23-32-0018 LEGAL DESC : REG. LAND SURVEY NO. 1113 : LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2500 ESCROW IS TIED TO ZONING APPLICATION 14-3672 APPLICANT ESCROW FEE-APPLICANT 2,500.00 ESCROW FEE-DEVELOPER 0.00 MARX,KELLY TOTAL 2,500.00 3135 NORTH SHORE DR WAYZATA,MN 55391- Payment(s) CHECK 7458 2,500.00 OWNER MARX, KELLY 3135 NORTH SHORE DR WAYZATA,MN 55391- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be performed according to the approved plans and specifications,applicable City approvals,and the State Building Code. This permit is for only the work described and does � not grant permission for additional or related work which requires separate permits. All provisions of laws and ordinances goveming this type of work shall be compied with whether or not specified herein.This permit will expire and become null and void if construction authorized is not commenced within 180 days of the date of issuance,or if construction is suspended for a period of 180 days at any time after work has commenced. The applicant is responsible for assuring all required inspections aze requested in conformance with the State Building Code.This permit may be revoked at any time for due cause. / / Applicant Permitee Signature Date Issued By Signature Date � � LAND USE APPLICAT�N ESCROW AGREEMENT Application# � f - ��ZQ�7 Y AGREEMENT made this ?�_day of MA�`I , 20l�, by and befinreen the CITY OF ORONO, a Minnesota municipal corporation("City")and JJICwD�e'/�A� 1G�1tX �MnL�G [a corporation—optionalJ("Owners"). Recitals 1. Owners have filed„Zoning Application# - formally requesting the City to review plans for a �0 N located at the property addressed: • V (the"Subject Property')legally described as , ( G�-y 2. Owners request the City to review said plans which requires City approval and may require consulting legal and/or engineering review. 3. The City is willing to commence its review of the application and incur costs associated with said review only if the Owners establish an escrow to ensure reimbursement to the Ciry of its costs. NOW THEREFORE, THE PARTIES AGREE AS FOL�OWS: 1. DEPQSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shali deposit$��with the City. All accrued interest, if any, shall be paid to the City to reimburse the City for its cost in administering the escrow account. 2. PURPOSE OF ESCROW. The purpose of the escrow is to guarantee reimbursement to the City for all out-of-pocket costs the City has incurred (including planning, engineering, or lega( consultant review)or will incur in meeting with the Owners, reviewing the plans, and preparing agenda packet material for City Council review of application#�_ - �. Eligible expenses shall be consistent with'expenses the Owners would be responsible for under a land use application. 3. MONTHLY BILLING. As the City receives consultant bilts for incurred costs, the City will in turn send a bill to the Owners. Owners shall be responsible fior payment to the City within 30 days of the Owners' receipt of bilL � 4. DtSBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owners do not make payment to the City within the timeframe outlined in #3 above, shall cease all reviews until the Owners pay all expenses invoiced pursuant to #3. The City may draw from the escrow account without further approval of the Owners to reimburse the City for eligible expenses the City has incurred. 5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be retumed to the Owners when the review has been completed. 6. CERTIFY UNPAtD CHARGES. If the project is abandoned by Owners, or if the eligible expenses incurred by the City exceed the amount in escrow, the City shall have the right to certify the unpaid balance to the subject praperty pursuant to Minn. Stat. §§415.01 and 366.012. CITY: C TY OF C'�RONO OWNERS: By: � gy, Its: ��kt��� 1 uJ Its: f lntsr��tl"U�e Only: Gt,Or�gIn811�ca:�i�cc��epa�ktrae�t ��+apy:to�Ze�r�i�g�ile O Copy��o'S#reet-fFle Packet Last Updated: March 2014 Page 10 of 27